Starting with a fully invested A-share portfolio to become a capital...

Chapter 225 Ge Weidong, the Eastern Heretic, brings together the Sleeping Dragon and the Phoenix Chick in the Chinese stock market.
The next day, March 15th.

On a sunny, cloudless day, a gentle breeze carrying moisture swept across the Huangpu River, scattering its golden shimmering waves.

At this moment, in an office near the top floor of the Shanghai World Financial Center, Ge Weidong, dressed in a blue suit, wearing a million-dollar Rolex watch, and with dark skin, is looking down at the shimmering river surface like scales.

Ge Weidong was born in 1970 in Gejia Village, Guizhou Province, and was the first college student from the area.

In 1988, he was admitted to the Department of Economics at Sichuan-Chongqing University. After graduating in 1992, he started working at Guizhou Grain and Oil Import and Export Company, earning a monthly salary of 300 yuan.

From 1996 to 1997, Ge Weidong and his friend Song Zijun invested in Sichuan-Chongqing Changhong and Shenzhen Development Bank respectively. In just over a year, their assets increased tenfold, making them among the "100,000 yuan households".

Due to his work requiring frequent contact with the international futures market, coupled with the tenfold return he achieved in stock market investments, he gradually developed a strong interest in commodity pricing mechanisms and began to try futures trading in his spare time.

Unlike stocks, futures can be traded both long and short, and most transactions involve leverage.

If you play the stock market, at worst your holdings will be transferred to the Third Board Market, resulting in a 99% loss.

However, futures are different. Futures have the concept of "margin call," which means that the amount of loss exceeds the margin in the account, resulting in a negative account balance. In other words, the investor has to owe money to the futures company.

In 2000, Ge Weidong suffered two margin calls due to inexperience and excessive leverage. He not only lost all his principal but also owed the futures company 3 yuan. At that time, he was so poor that he had to borrow money to pay his rent.

However, he did not give up investing. Instead, he spent a year paying off his debts and returned to futures trading in 2002. In the "rubber futures battle," he successfully grasped the investment principle that "trends cannot be defied," and his account broke through one million in one fell swoop.

During the soybean market boom of 2004, Ge Weidong's capital account successfully exceeded 100 million yuan, and in 2005 he founded Shanghai Chaos Investment Co., Ltd., whose business covers stocks, commodity futures, financial futures, equity investment, bulk commodity trading and other fields.

However, what truly cemented his title of "Eastern Heretic" was the 2007 subprime mortgage crisis, when the US financial bubble burst and global commodity prices soared, with copper prices exceeding $8000 per ton.

Sensing anomalies in supply and demand data and a global slowdown in infrastructure construction, Ge Weidong did not hesitate to buy large short positions during the period of sideways copper prices in early 2008. On September 15, 2008, Lehman Brothers declared bankruptcy, and copper prices plummeted to around $2800 per ton, allowing him to liquidate his positions and rake in nearly $500 million in profits, shocking the entire Wall Street.

"咚咚-"

There was a knock on the open office door.

A middle-aged man with delicate features and slightly uneven eyes, wearing a white shirt, walked into the office. His name was Song Zijun, the second-in-command at Chaos Investment, mainly responsible for stock investment.

"Is Dong-ge admiring the scenery again?"

Song Zijun said with a smile.

He was a native of Shanghai and had watched the Huangpu River for decades, but he didn't find anything special about it.

But what he didn't know was that Ge Weidong wasn't looking at the river, but at his past and his dreamlike experiences.

Who would have thought that a poor boy from a mountain village in Guizhou would be able to have a place in the Shanghai World Financial Center?

Ge Weidong withdrew his gaze, turned around and walked to his office chair, saying, "Looking at the Huangpu River from the ground and looking at the Huangpu River from hundreds of meters away are two different feelings."

As soon as he sat down, he looked at Song Zijun and asked, "What do you need me for?"

"Have you been paying attention to A-shares lately?" Song Zijun didn't rush to talk about it, but instead tried to get the ball rolling.

“I haven’t been paying much attention lately, but I know that the A-shares market crashed quite badly in August, and there seems to be a new group of speculative funds that have become active. I have a pretty deep impression of that Fuchun Road group,” Ge Weidong replied unhurriedly.

Every bull market in A-shares brings in a large number of new investors and allows some speculative capital to emerge in the market.

Among the current generation of speculative investors, "Fuchun Road" is notorious, followed by other well-known names such as Zhao Laoge, Hujialou, Chaoyang Road, Chaogu Yangjia, and Yitian Road.

Among them, Shen Yufan of "Yitian Road" is the only new generation of speculative investors with personal funds exceeding 10 billion yuan. However, since he mainly "recharges" and has no track record of controlling the market, many speculative investors in the industry do not regard him as a first-tier speculative investor.

"Don't mention Fuchun Road, just hearing about that guy annoys me." Song Zijun complained, then revealed his purpose: "It's like this, Brother Dong, you know Xu Xiang, he's the leader of the Ningbo Limit-Up Daredevil Team, and now the manager of Zexi Private Equity."

"He approached me a while ago, asking Chaos Investment to hype up the concept of Shancheng Beer's curative hepatitis B vaccine with him. Now that the hype has really taken off, I plan to hype up Erlong Trend and take control of Guangfu Pharmaceutical."

Ge Weidong understood the purpose of the visit and immediately asked, "How much funding do you need?"

At Chaos Investment, Song Zijun can make the decision on investments below 5 million RMB on his own, but for investments above 5 million RMB, he needs to consult Ge Weidong.

"Guangfu Pharmaceutical is a fully circulating company with a total share capital of 4.69 million shares. The current share price is around 8 yuan. The top ten shareholders account for 38.92%, which is 1.82 million shares. There are still 2.864 million shares outstanding."

"Xu Xiang's side holds about 60% of the shares. They are willing to reduce their holdings to 20% and hand over control of Erlong Trend to me. They will only hold a small portion. Currently, it seems that about 15 billion RMB is enough to control the shares."

Song Zijun stated the specific figures.

Chaos Investment currently holds 2200 million shares of Shancheng Beer, with a total value exceeding 8 million yuan. The average holding price is 23 yuan, and the current profit exceeds 3 million yuan.

Just after he finished speaking, he added, "I'm going to sell all my shares in Tiantan Biological, the stock that's related to the preventive hepatitis B vaccine. All told, I still need about 2 million yuan to cover the shortfall."

Song Zijun bought Tiantan Biological Products not because he was optimistic about its future development, but to hype up the expectation of restructuring.

In early 2009, he received inside information that Tiantan Biological was going to acquire 90% of Rongsheng Pharmaceutical's equity and 6.85 square meters of industrial land.

It was this news that led Song Zijun to accumulate a large number of shares in Tiantan Biological Products, making him one of only two long-term investors in the stock.

Currently, Xu Xiang is leading a large group of speculative funds, public funds, and private equity firms to hype up the concept of curative hepatitis B vaccines. As a company with a concept of preventive hepatitis B vaccines, Tiantan Biological Products will definitely be under pressure. So he simply raises the stock price and plans to sell all his shares to retail investors.

The surge in Tiantan Biological Products' stock price from August 19th to September was driven by Song Zijun, who also orchestrated the subsequent sell-off.

"Are you adjusting your portfolio?" Ge Weidong asked, crossing one leg and interlacing his fingers. "Tiantan Biological is a state-owned enterprise. In addition to the hepatitis B vaccine, it also has a blood products business. Overall, it is stable and controllable. The Guangfu Pharmaceutical and Shancheng Beer you mentioned, as well as the concept of a curative hepatitis B vaccine, are a bit less reliable."

"Money is king, isn't that how everyone plays the stock market now? Only a fool would do value investing. Even Buffett would have to learn everything from scratch if he came to the A-share market."

Song Zijun said half-jokingly.

The current A-share market is definitely experiencing a speculative frenzy, with institutional investors and speculative funds forming groups to reap huge profits from retail investors.

Value investing?
Song Zijun didn't believe in this stuff.

Seeing that the other party insisted, Ge Weidong thought for a moment, put down his leg, and made a decision: "If you are confident, then do it, but I still have to remind you that Xu Xiang is very shrewd and not the kind of person who is willing to suffer losses. Be careful not to be used as a pawn."

Since making a name for himself in the futures market, he has paid little attention to the stock market, but he still maintains private contact with top speculative investors like Xu Xiang and Zhang Jianping.

Song Zijun was unconvinced and patted his chest to assure him, "Don't worry, Brother Dong. Xu Xiang is shrewd, but I'm no pushover either. Besides, I've talked to him privately. They never intended to bring in Erlong when they built their position in Guangfu Pharmaceutical. They were just trying to prevent a repeat of the situation where Rhine Biologics and Jianfeng Group were fighting for the top spot."

"Furthermore, their battle lines are very long this time. They not only want to control Shancheng Beer, but also need to take into account the layout of upstream and downstream companies. This has led to a serious shortage of available funds. Now that we are going to enter Guangfu Pharmaceutical, Xu Xiang is eager to withdraw the funds as soon as possible and invest in other upstream and downstream stocks."

A complete market theme can never consist of only one target.

The concept of a curative hepatitis B vaccine, which is currently being hyped, has upstream suppliers of specialized equipment for synthesis, purification, packaging, and freeze-drying, as well as suppliers of biological reagents and excipients such as peptide synthesis raw materials and adjuvants. Downstream, there are also clinical trial institutions and companies with cold chain transportation qualifications.

No matter how rich Xu Xiang is, he can't possibly monopolize all the profits from the entire short-term market trend.

Even if we assume that Xu Xiang could take all the profits by himself, he wouldn't dare to keep them all to himself, because keeping them all to himself would easily arouse jealousy and could lead to trouble.

Since everyone wants to hype up the concept of a curative hepatitis B vaccine, they're all in the same boat. Song Zijun doesn't think Xu Xiang would betray him, nor does he think there's anything wrong with controlling Guangfu Pharmaceutical.

Looking at Song Zijun, who seemed confident and self-assured, Ge Weidong, knowing his abilities, nodded and said, "You're in charge of the stock market; you can make the decisions."

"Okay, thanks, Brother Dong."

Song Zijun grinned.

Sitting in the chair, Ge Weidong smiled and said calmly, "No need to thank me. It's all for the company's benefit. I trust you."

"I will definitely live up to Brother Dong's trust, so I'll go back and get busy now." After saying this, Song Zijun glanced at his watch and said, "It's already 9:33, Brother Dong, you go ahead and get busy."

"Ah."

Ge Weidong responded.

After exchanging greetings, Song Zijun left the office without hesitation and headed to the open-plan office area of ​​Chaos Investment.

Whether you're a retail investor, a speculative investor, or an institutional investor, if you want to make money in the A-share market, you must understand and follow the main market trends.

What is the main market trend?

To put it bluntly, it's a place where funds are concentrated.

Investing is a game of musical chairs. When funds are concentrated in one place, it means that the public has high recognition. As long as something is recognized by the public, it has value.

Take chicken feet bones, for example. Who would have thought that chicken bones could become collectibles?

But it is precisely this chicken claw bone that can sell for thousands or even tens of thousands of yuan because some people recognize its value.

Only by understanding the statement "value is bestowed by the masses" can one grasp the true essence of investing, because this is the logic behind value creation.

……

Zhangjiang, the capital of Shanghai.

Financial Research Network office space.

When the A-share market entered the continuous bidding phase at 9:30, Zhang Yang, Lin Guangchang, and Liao Guopei did not rush to accumulate shares of Tiantan Biological Products, but patiently waited for the right opportunity to do so.

As for the major indices, both opened higher. The Shanghai Composite Index opened at 3029.1 points, up slightly by 0.08%, while the Shenzhen Component Index opened at 12406.06 points, up 0.17%.

As the leading stock in the curative hepatitis B vaccine concept, Shancheng Beer unsurprisingly hit the daily limit again, currently trading at 41.45 yuan.

Due to the conflict of interest between curative and preventative hepatitis B vaccines, Tiantan Biological was originally under pressure. However, the funds manipulating the market were very clever and released a short article about asset restructuring last night.

According to the market report, Tiantan Biological will integrate the existing resources of Rongsheng Pharmaceutical, including but not limited to 10 plasma stations, pressure filtration production technology, and 6.85 square meters of industrial land.

With the addition of Rongsheng Pharmaceutical's 10 plasma stations to Tiantan Biological's existing 4 plasma stations, a network of 14 plasma stations will be formed, instantly placing the company among the top three in the industry in terms of plasma donation volume.

In addition, Rongsheng Pharmaceutical's intravenous immunoglobulin and other products have filled the gap in Tiantan Biological's blood products field.

This short article was interpreted by the market as a reshuffling of the market for preventive hepatitis B vaccines by curative hepatitis B vaccines, forcing established biopharmaceutical companies to increase investment in their other core businesses.

In layman's terms, the market believes that the preventative hepatitis B vaccine business is no longer viable, so Tiantan Biological needs to vigorously develop its blood products business to ensure its future revenue.

A short essay not only changed the hype surrounding Tiantan Biological Products, but also indirectly confirmed the feasibility of a curative hepatitis B vaccine.

Because of the short essay, Tiantan Biological opened 2.8% higher at 29 yuan, and is still rising rapidly.

29.36 yuan.

29.57 yuan.

29.88 yuan.

Just as it was about to break through 30 yuan, a large number of sell orders appeared instantly.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 1200 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 1600 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 1400 million yuan.

The stock price, which was originally 30 yuan, was instantly driven down to 29.44 yuan, an increase of 4.36%.

Before anyone could react, the stock price of 29.44 yuan flashed by, and Tiantan Biological is currently trading at 29.52 yuan.

Seeing this, Liao Guopei, who was closely watching the intraday chart, couldn't help but laugh and said, "This is interesting. They're selling themselves, creating the impression that the rally was thwarted and they're not convinced by the big players. If retail investors go in now, they'll most likely be stuck at a high price."

"This market maker is a veteran; he's manipulating retail investors' upward momentum."

Lin Guangchang watched very intently, without even blinking.

The reason they were able to determine that it was a scheme orchestrated by the major shareholders was quite simple: the high-volume bearish candlestick on September 8th was a very clear signal of the major shareholders distributing their shares.

The trading volume was 5 million the day before and 18.67 billion the next day. Apart from major players, retail investors simply cannot sell such a high volume.

After a gap-up and high-volume bearish candlestick, a long doji candlestick followed, and the price rose by 1.85%. This clearly indicates that the major players judged that there was not enough buying support to sell off their holdings, so they urgently pushed up the price and used their financial advantage to draw a "doji reversal signal" to mislead retail investors into thinking it was a shakeout.

A high-volume bearish candlestick, a doji, another doji, followed by a large bullish candlestick, and then news of an asset restructuring emerges. Which retail investor wouldn't be confused by this situation?
The current battle over funds is nothing more than a repeat of old tricks to deceive retail investors, and Liao Guopei and Lin Guangchang couldn't possibly fail to recognize it.

"Indeed, this market maker is very clever. Knowing that a large amount of retail investor funds are watching from the sidelines, he did not rush to push the price to the daily limit. Instead, he used wave-like price movements to influence the emotions of retail investors."

Zhang Yang also watched very intently, his eyes filled with a serious expression.

The skill level of a speculative investor or institutional manager can be fully discerned simply by observing the language of the trading screen. Why is that?

This is just like the duels between masters in martial arts dramas. Once the two people exchange blows, you can basically judge each other's skill level.

Just as Zhang Yang, Liao Guopei, and Lin Guangchang had predicted, after stabilizing and consolidating, Tiantan Biological's stock price began a new round of upward movement.

29.63 yuan.

29.72 yuan.

29.99 yuan.

Just as the stock price broke through the previous high and reached 30.13 yuan, the market maker once again accurately targeted the "buying funds".

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 2000 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 2000 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 2000 million yuan.

Three 2000 million yuan orders directly drove the stock price down to 29.2 yuan, but the "bullish funds" did not give in. After a brief period of consolidation, they launched another attack. This time, the upward speed was significantly faster, and the amount of buy orders also increased.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super buy order of 600 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super buy order of 800 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super buy order of 900 million yuan.

However, when the stock price reached 30.23 yuan, sell orders appeared again, and the "bullish funds" were hit hard once more.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 2000 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 2000 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super sell order of 2000 million yuan.

It was still three large orders of 2000 million each. This time, the stock price plummeted to 28.8 yuan. Just when the investors who were watching thought that the bullish funds were sluggish, it once again sounded the horn of attack.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super buy order of 900 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super buy order of 1200 million yuan.

[Stock Anomaly Alert]: Tiantan Biological Products Co., Ltd. has received a super buy order of 1400 million yuan.

The reversal signal that reappeared was like a cat's soft paw gently scratching at the hearts of retail investors, making them both panicked and expectant. Gradually, some retail investors could no longer contain themselves.

[Plumber Wang Ge]: He couldn't kill the opponent even after being headshot repeatedly, this guy is going to take over the position!
[The Chang'an situation]: I don't care anymore! I really can't hold back! I'll figure out how to get out of this mess later. If I miss this opportunity, I'll really kick myself!
[The wheat is ripe]: I've already invested 50,000 yuan, and I'm waiting for it to turn into 500,000 yuan, hahaha, Tiantan Biological, go for it!
[Leverage the Earth]: This wave is really interesting. It's obvious that the old big players don't want to push the price up, but the new funds want to create a trend. Whoever wins will be the big player in Tiantan Biological!
[Tokyo is very hot]: What are you waiting for? Help the new dealers and take down the old ones! There's good news but they don't start the market. The old dealers are really bastards. I feel like they could sit at the same table as Fuchun Road.

Retail investors chimed in with their opinions, and while expressing their views, they also placed orders to support the price increase.

As one buy order after another, each under 10 yuan, rushed into the market, Zhang Yang knew that these were the victims of the market manipulator's scythe.

"be cheated!"

"Retail investors are rushing in!"

Liao Guopei and Lin Guangchang both looked away. They knew that the big players had successfully manipulated the emotions of retail investors, and now they only needed one more step to trap them all.

After several rounds of price surges and sell-offs, the daily trading volume of Tiantan Biological Products has exceeded 14.5 billion yuan, completely surpassing the previous high of 14.18 billion yuan in the previous trading day. However, retail investors seem unconcerned and are still rushing in.

"I'll study it carefully and prepare to sell them my 'Strategy for Getting Out of a Losing Position'," Zhang Yang said casually as he closed the intraday chart of Tiantan Biological Products.

"You're actually offering this service?"

Liao Guopei was a straightforward person and took Zhang Yang's words seriously.

“We still need to go in and accumulate shares, Joker must be joking, right Joker?” Lin Guangchang said, looking at Zhang Yang.

"The future is uncertain, so for now, we'll not proceed," Zhang Yang said with a faint smile.

There are tons of guides on how to make money, but not many on how to get out of a losing position. He felt there was potential to be tapped in this market.

Seeing that Zhang Yang seemed to really have this idea, Liao Guopei couldn't hold back anymore and joked, "Retail investors are really miserable. It's bad enough that they get fleeced in the stock market, but they get fleeced again off the market."

"Fuchun Road, that's normal."

Lin Guangchang said with a smile.

Zhang Yang, however, remained unconvinced and continued to joke, "If retail investors are fleeced by other speculative funds, they can only learn a lesson. But if I fleece them, the money can be used to build Caiyan.com. It can be considered taking from the people and using it for the people."

He immediately changed the subject, saying, "Don't bother looking at Tiantan Biological Products for the next week; it's basically going to plummet."

The major shareholders have all exited, so the stock price is bound to fall. Judging from the current volume of sales, it can be described as a complete sell-off.

Even if there are other major players in Tiantan Biological, they won't push up the stock price for retail investors. They would rather the stock price fall so they can accumulate more shares and look forward to the prospects of the plasma business.

……

While Tiantan Biological experienced a "multiple sell-off," the Shanghai Composite Index was in a less favorable position. The banking sector, which closed with a "doji" candlestick pattern yesterday, still couldn't withstand the selling pressure.

Industrial and Commercial Bank of China (ICBC) shares fell 1.18% to 5.02 yuan.

Hua Guo Bank fell 1.72% to HK$4.01.

China Construction Bank shares fell 0.99% to 5.99 yuan.

Agricultural Bank of China fell 1.41% to 4.23 yuan.

Since the banking sector experienced a historic surge on September 11, any slight disturbance will trigger a capital outflow.

If the banking sector, which acts as a stabilizing force, fails to hold, the entire market will be thrown into turmoil, affecting other sectors as well.

Huaxin Securities, which had opened high and continued to rise, was dragged down and is now trading at 27.94 yuan, a drop of 1.37%.

Not only Huaxin Securities, but also Guizhou Moutai, the leading liquor company, Yangtze Power, the leading hydropower company, and Huaguo Shenhua, the leading coal company, all turned green.

The decline in heavyweight sectors directly dragged down the Shanghai Composite Index.

3049 points.

3033 points.

3021 points.

3014 points.

As the Shanghai Composite Index approached 3000 points, investors' fragile nerves were stretched to the limit. They started calling for reinforcements, chanting names like Jesus, the Jade Emperor, Sun Wukong, the Three Pure Ones, Guanyin, and Maitreya Buddha.

However, the stock market trend is not determined by gods, but by the collective funds of all investors.

The moment the 2999-point mark was broken, the 3000-point mark was breached again. The string that retail investors had been holding on to snapped completely, and posts filled with emotional outpourings quickly took over major online forums.

[Big Shrimp, please wait]: With the 3000-point mark breached, will the A-share market be about to correct again? Is 2600 points beckoning?

[Ningjingzhiyuan]: I'm so angry at the banks! It's one thing if they don't raise prices, but they drag the market down every day. If they really can't take it anymore, they should just delist! Damn it!
[Urinating three feet against the wind]: Calm down, calm down. Anger harms the body. We should trade stocks with a calm mind and not become slaves to the index.

[She said it was from sun exposure]: I'll fucking swear! I've poured all my savings into the stock market. If it goes back to 2600 points, I'll really have to go try my luck in Japan's secondary market.

[Peeing Three Feet into the Wind]: So rude, huh? Fine, fine! Once you sign with the third-tier market, I'm going to be a troublemaker!

While retail investors were having a mental breakdown and frantically spamming the screen, Hu Xijin, who was on a live stream, watched the index fall below 3000 points. Before the host could even ask him what to do, he went against the trend and bought more than 1 yuan worth of Guizhou Moutai.

Jiang Minjun, brand manager of Sina Finance, saw Hu Xijin bustling around and asked, "Is Editor-in-Chief Hu buying and selling stocks?"

Hu Xijin, who had just added to his position, faced the camera and expressed his views: "I just added to my position. As I said yesterday, I will buy as long as A-shares dare to fall, without hesitation!"

Jiang Minjun was stunned for half a second when she saw Hu Xijin's confident appearance.

What kind of hothead is this?

Are all new stock market investors this bold?
After thinking about it carefully, she realized that only new stock investors would dare to blindly increase their positions, because they don't understand technical indicators and rely entirely on intuition when buying and selling.

"Then, what should we do if we're stuck with a losing position?" Jiang Minjun had barely finished speaking when, fearing Hu Xijin might not understand, she quickly explained: "Because there's a game of capital in the market, if you make money, someone else will definitely lose money. Editor-in-Chief Hu, do you have any tips on how to get out of a losing position?"

Faced with this question, Hu Xijin first showed a puzzled expression, then asked in return, "Get out of the predicament? You mean the major players are fleecing me, right?"

"Um, that's roughly the idea."

Jiang Minjun nodded.

Upon hearing this, Hu Xijin spread his hands and said, "If I don't sell, how can he cut it?"

Seemingly afraid that Jiang Minjun hadn't heard him clearly, he emphasized again: "If I don't sell my stocks, how can the major players fleece me?"

"..."

Jiang Minjun was silent at first, then she felt that it made some sense.

If they don't sell, it seems the major players really can't do anything about Hu Xijin.

The tens of thousands of retail investors watching the live stream were all shocked by Hu Xijin's views, as if they had opened the door to a new world.

[Enchanting Night Scene]: I don't sell my stocks, so how can the big players fleece me? I've figured it out, I think I've attained enlightenment!
[Hello Nervous Girl]: They say that a single conversation with a wise man is worth more than ten years of study, and I truly understand that feeling today. If I don't sell, the major players really won't be able to fleece me.

[Love Must Be Spoken]: Are you pretending to be confused or just feigning ignorance? Do you think you can't fleece retail investors if you don't sell? Don't be naive, the major players can control the price movement to lower their costs!

[Forget the Past]: As an unknown small-time investor, I can only say that Hu Xijin truly embodies all the characteristics of a new stock investor: blindness and overconfidence. If he dares to buy hot stocks, he will definitely end up with nothing but his underwear!
Just as Hu Xijin was making his outrageous remarks during his live stream, Li Daxiao next door seemed to be summoned and started calling for a bull market again.

"Comrades, don't panic! We can hold 3000 points. Even people need to sit down and rest after standing for a long time. Our bull market, too, needs to bend its legs and lie down after standing for so long. Trust in the resilience of the Chinese stock market. I can already smell the faint aroma of a 'resting bull market.' Comrades, let's hold 3000 points, look forward to 4000 points, anticipate 5000 points, recover 6000 points, and break through 7000 points!!"

With the term "resting bull" being coined, Li Daxiao was once again thrust into the spotlight, along with Hu Xijin, who also found themselves at the center of public opinion. The two of them dominated the news in the speculative investment community.

When video clips of the two appeared in Asking's chat group, Sun Guodong was the first to lose his composure and typed out three question marks.

[Hujialou]: It has to be our Chief Editor Hu! His perspective is unique. If we don't sell, we really can't fleece him, hahaha.

[Professional Stock Trader]: Please, please, let's have more new stock market investors like Hu Xijin! It's getting harder and harder to fleece retail investors these days. I really miss the days when we could just mindlessly fleece them!
[Stock Trading for a Living]: How much more bullish does Li Daxiao really have? He's been holding on since the beginning of the year until mid-year; could it be that the A-share market is truly going to experience a bull run?
[Chaoyang Road]: If you believe there will be a bull market in A-shares, you might as well believe I am Qin Shi Huang.

[Nanyang Battle Song]: I knew that where there is a sleeping dragon, there must be a phoenix chick. Originally, the A-share market could be secured by one stock, but now that it has two, I can't even imagine!
[The Helmsmen of Jiefang South Road]: Both of them have an inexplicable self-confidence.

The moment Xu Xiang appeared, the other speculative investors in the group went wild. Even Zhang Jianping and Qiu Baoyu were alerted and opened their QQ groups to see what the news was.

"I'll buy if the price drops, without hesitation!"

"I can already smell the faint aroma of the resting cow!"

When Hu Xijin and Li Daxiao's videos were presented to Zhang Jianping and Qiu Baoyu, the three giants of the speculative capital circle were shocked. These kinds of stock investors were their favorites, as they were the easiest to profit from when they were taking advantage of them.

Just when everyone thought that Hu Xijin and Li Daxiao were going to lose everything, the A-share market suddenly surged near the morning close.

3011 points.

3024 points.

3050 points.

At 11:30 AM, the Shanghai Composite Index closed at 3050.43, up 0.78%, with trading volume reaching 700 billion, a slight increase of 50 billion. Major financial websites predicted that the afternoon closing volume could reach 1500 billion.

Seeing his securities account turn positive, Hu Xijin bent his movable camera and shared with all the retail investors, "Old Hu wasn't lying, was he? Below 3000 points, there's gold everywhere. As long as it dares to fall, I dare to buy, without hesitation!!"

"Also, if I had sold at a loss just as the index dropped below 3000 points, I would have become the one being fleeced. Everyone needs to learn not to sell. As long as we don't sell, the major players can't fleece us!"

At that moment, Hu Xijin felt like he was Warren Buffett, and after a little thought, he figured out how to deal with the main players exploiting retail investors.

Furthermore, he couldn't understand it no matter how hard he racked his brains, that some retail investors couldn't grasp such a simple principle as not selling to avoid losses, and were even losing money in the A-share market. He really couldn't understand it...

(End of this chapter)